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I bought this breakout. Im in long from 1.0990 retest broken channel
What do you think?
Where is TP if its work?
See Related Idea on Price Phase Theory!
It is still active.
But for now On my radar I have nice Sell setup.
I will try to short from 1.0998, and see how it goes!
Hit The Like button! Don't be selfish person! Okay?
If you are trader, feel free to comment your view on this, If you are Troll feel Free To Troll!
See related Idea below description to get the picture.
I used good support to enter the long trade as I believe we could complete the phase upwards, after Gate rejecting the pair.
SL at Downwards Trigger 0915.
Last week brought weakening of the euro against the dollar, which was consistent with my assumptions, which I presented in the last daily reports. On Friday also they came to break the bottom of the nearly three-week trend side. Overcoming support at 1,0972-81 may suggest a further weakening of the euro against the dollar, towards the level of 1.0909 (at least ...
Amazing! This is the moment I was waiting for after 2 months again!
EU has gave a signal on Phase Theory that now can be applied on this one, right now!
I will try to describe it in easy words!
1.0970 is Current Phase Gate, Trigger is 1.0915, and Target is 1.0818.
NOW for Bulls if Price is not reaching 1.0915 and goes back to 1.1025, it is a confirmation ...
Hereby an bullish predictive move for EURUSD.
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This is my view!
TWO levels 1.1147 for Bulls to recover.
Other than that If Brexit low is broken, then R.I.P EU to 1.08xx.
Look at related ideas!
False breakout after false breakout!
No clear signal!
I added to my longs, so when my SL is hit Troll's can come and comment under this idea ( You know who you are ).
I am targeting 1.12xx or I'm losing at 1.0940.
Let's see how this works out today!
Since Brexit this pair is a heavy Range rover driver, Although it swings up and down, giving some trades, I start to get mental of this range it's in.
On weekly and Monthly charts, it has broken some levels upside giving a signal it would want to visit 1.12xx.
On the other hand, there are signals that indicates a visit towards 1.08xx.
But since EUR/USD is ...
With a confidence of the Euro /Usd is more expected to go down and fast to reach the support zone but maybe should have the Exit strategy too.
0.98 is the most expected price to hit in few months but if we break the recent trend we can look for a new high then a new low after that we will look to reach 1.20 level
Here you go, the false breakout, I was pointing out.
Although I missed the entries on Friday, EU approved the false breakout, and I did state that Buying is risky, as well the breakout levels and where it can take the market.
Now my levels are pointing upwards, suggesting a buy till 1.1070 - 1100 area, which is not a good idea, to be honest, but I ...
I am in little short on EU from 1.1118, I am looking for closing my short on 1.1098 ( based on how it reacts.
If pair is rejected from there upside, good indication we can head up!
Because of 1.1147 breakout, I have 1.12xx in my radar and while price is not dropping below 1.1070 my sentiment is BULLISH.
I may go long from 1.1098 with stops under ...
This how maybe EURUSD will perform for the days and weeks to come!
Long TP1 and TP2 Targets
Refer to my last idea.
I am in long from 1.1089.
Let's see what happens, as it has to happen soon.
Pending orders set in place according to plan!
See related idea. Long closed.
I am short from today's highs.
1.1080,8 on my radar.
Either it drops to retest the lower lows, either the breakout upside will occur!
Trade with care.
Currently long on EU, to previous highs.
Some sentiments showing upside to 1.13xx
Some showing downside to 1.08xx.
1.1130 or 1.1001 will decide.